Ukrainian IT giant Ciklum attracts investment from US private equity fund
This story includes new information and a comment from AVentures Capital. U.S.-based global technology investment platform Recognize Partners is investing in Ciklum, one of the five largest IT outsourcing companies in Ukraine. The company disclosed neither the sum of its investment nor the stake in Ciklum, citing business-sensitive information. Ciklum will spend money on hiring […]
Chinese regulators probe Ant Group’s equity investments – sources
Chinese regulators are reviewing equity investments held by Ant Group Co Ltd in dozens of companies, three people with knowledge of the matter said, intensifying a crackdown on billionaire Jack Ma’s financial technology empire. Regulators are considering whether to instruct Ant to divest some of its investments, mainly in technology and fintech start-ups, if they […]
US investment firm ALK Capital buys Premier League team Burnley
US investment firm ALK Capital buys Premier League team Burnley An American investment group has agreed to take control of Burnley football club, the latest English Premier League side to attract US owners. ALK Capital has agreed to buy an 84 per cent shareholding in Burnley, which was established as a football club in 1882. […]
2020: A Solid Year of Mergers and Acquisitions for the Waste Industry
Solid waste and recycling companies completed a series of mergers and acquisitions throughout 2020 despite economic disruptions from COVID-19-related shutdowns. Following the first wave of uncertainty as COVID hit the United States in Q1, Michael E. Hoffman, Stifel’s managing director, told Waste360 readers about the possible economic repurcussions. “There will be negative consequences to this economy, and companies […]
Onex acquires Falcon Investment Advisors
Onex Corporation has acquired Falcon Investment Advisors, LLC, a Boston based private credit manager, from founder Sandeep D. Alva. Financial terms were not disclosed. Onex Corporation today announced that it has acquired Falcon Investment Advisors, LLC, a leading U.S. private credit manager, to expand its established credit platform and solidify its market position in tradeable, […]
EU and China Seal Investment Agreement to Open Chinese Market
The European Union and China announced the political approval of a long-sought agreement to open the Chinese market further to EU investors, marking an economic victory for both sides. The breakthrough in negotiations on an EU-China investment accord signals the bloc’s determination to focus on economic opportunities in Asia even amid criticism of Beijing’s record […]
Private capital’s rush into the business of sport
Institutional investors see long-term opportunities from short-term disruption, but there are risks The most prominent sports transaction of 2020 — the $2.4bn sale of baseball’s New York Mets to hedge fund manager Steve Cohen — was both a record sum for a North American franchise and, according to money managers and sport industry executives, perhaps […]
Investor PAG hunts for billion-dollar private equity deals in Japan
Asia-focused fund adds two specialists to scoop up noncore ops in corporate overhauls Hong Kong-based investment firm PAG looks to build up its private equity portfolio in Japan through deals worth hundreds of millions to a few billion dollars each, as Japanese companies increasingly divest noncore operations. PAG welcomes two Japanese investment veterans in January as […]
Goldman Invests in Echelon in Bet on At-Home Fitness Amid Covid
Goldman Sachs Group Inc. is leading a $65 million financing in Echelon Fitness, giving the bank and another investor a controlling stake in a maker of exercise machines as more people work out at home amid the pandemic. The Chattanooga, Tennessee-based company competes with Peloton Interactive Inc., Lululemon Athletica Inc.’s Mirror, Tonal, Tempo, Icon’s NordicTrack, […]
Five Aim stocks with plenty of potential for 2021
Investing in Aim shares can make you a great deal of money – but you need to do your research. Michael Taylor of Shifting Shares picks five of his favourites ideas for 2021 Lockdown and coronavirus might have put paid to certain Christmas traditions this year, but one has survived entirely intact – it’s still […]
